Japanese firm plans Cambodian fund for later this year
Japanese fund manager Asset Design plans to launch a Cambodian equities fund in late 2011. The fund would target large returns after the Kingdom opened its stock exchange this month, an Asset Design executive said yesterday. Asset Design expected the scale of the fund to ...
Farmers respond to lobster price hikes
As prices continue to climb for freshwater lobster, farming of the crustacean in Cambodia is increasing. A kilogram of top-quality lobster sells for about US$30, up from $10 in 2005, according to lobster farmers. The government is seeking to foster new growth in Cambodia’s wild ...
Kuwait-India JV to explore for gold, iron in Cambodia
Kuwait’s Pima International Co and D&D Pattnaik Group of India have jointly established Pima D&D International Co to explore for gold and iron in Cambodia The firm plans to invest between US$10 million and $15 million in gold and iron exploration in Kampong Chhnang, Kratie and ...
Inflation weighs on Kingdom's rice exports
Cambodia’s rice export revenues jumped by more than 200% on increasing world food prices during the first eight months of the year, according to Ministry of Commerce data. Price increases, however, drove total exports down. Cambodia exported US$59.8 million in rice, or 105,452 tonnes, between January and ...
Villagers target new rubber plantation
Villagers in Svay Rieng province from 10 villages have taken part in an armed protest against the granting of a land concession in the forest that will turn it into a rubber plantation. The villagers claim to have been on the land since 1979 and ...
Activists arm with fire, photos
Kampong Thom province Villagers patrolling Prey Lang forest on motorbikes yesterday defended their decision to burn more than 360 cubic metres of timber, tear down 10 huts used by “illegal loggers” and confiscate a chainsaw, a villager representative said. “All the villagers who provide evidence about ...
Cops net 200kg of exotic meat in Stung Treng raid
The vendors escaped, a forestry official said on Sunday.A Forestry Administration official who took part in the raid and asked to remain anonymous said the 200kg haul included 81kg of various meat, 5kg of dried boar, 52.5kg of fresh boar and 23.5kg of sambar deer. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/cops-net-200kg-exotic-meat-stung-treng-raid
Luxury logs seized in Mondulkiri province
A total of 30 logs harvested from high-quality wood were seized by Mondulkiri provincial Military Police and National Military Police on Saturday and Sunday. Provincial Military Police investigation department head Phok Chanthy told The Post on Monday that the logs were found in Pech Chreada ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/luxury-logs-seized-mondulkiri-province
Hun Sen reviews Supreme Council’s year-long work
Prime Minister Hun Sen and representatives from more than 10 political parties on Wednesday met with the Supreme Council for Consultation and Recommendations to review the body’s work after one-year of operation. Writing on his official Facebook page, Hun Sen said he criticised laziness and ...
Long Kimmarita
https://www.phnompenhpost.com/national-politics/hun-sen-reviews-supreme-councils-year-long-work
Deputy prosecutor suspended for ‘clearing’ mangrove forest
Minister of Justice Ang Vong Vathana on Monday temporarily suspended Kampong Thom provincial deputy prosecutor Chea Sovanthet after he was alleged to have been involved in the clearing 10ha of mangrove forest with 17 tractors. Vong Vathana’s missive to the provincial prosecutor on Monday said ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/deputy-prosecutor-suspended-clearing-mangrove-forest
EU, Germany to provide $9M Asean fund
The EU and Germany have committed to help strengthen Cambodia’s economic integration with Asean member states by providing a €9.35 million ($10.5 million) fund to boost the Kingdom’s trade and investment in the region. The pledge falls under the Asean Regional Integration Support – Cambodia ...
Thou Vireak
https://www.phnompenhpost.com/business/eu-germany-provide-9m-asean-fund
Official briefs court on ELCs over logging
A senior Agriculture Ministry official on Tuesday appeared at Mondulkiri Provincial Court to clarify how companies, including a Vietnamese firm under investigation over illegal logging, are granted Economic Land Concessions. Mam Vanda, provincial court spokesman, yesterday said that Chan Savuth, a ministry secretary of state, provided ...
Khy Sovuthy
https://www.khmertimeskh.com/50642910/official-briefs-court-on-elcs-over-logging/
Notification on the conduction of census of local associations and NGOs
On 23 September 2019, the Ministry of Interior issued a notification on the conduction of census of local associations and NGOs in collaboration with the Cooperation Committee for Cambodia (CCC) for 49 days from October 10 to November 29 to obtain updated figures of how many ...
Ministry of Interior
Council of Ministers abrogates Kampong Speu land swap deal
The government, through the Council of Ministers, has decided to abrogate a land swap deal between the Kampong Speu Provincial Department of Agriculture, Forestry and Fisheries and Touch Sarin Development Co Ltd. In the initial agreement, ownership titles for 10ha were to be given to ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/council-ministers-abrogates-kampong-speu-land-swap-deal
Plan hatched to save Ibis
A new 10-year action plan proposed by a host of NGOs aims to reverse the fortunes of Cambodia’s national bird, the giant ibis, which faces increasing pressure from human encroachment in its dwindling habitat.With fewer than 200 mature individuals now believed to survive in the ...
Charles Parkinson
http://www.phnompenhpost.com/national/plan-hatched-save-ibis
Ten migrant workers repatriated from Malaysian prison
Ten migrant workers, including four women, were repatriated to Cambodia this week after being arrested and imprisoned in Malaysia, the Ministry of Foreign Affairs said on Friday. They join six others who were also repatriated from a Malaysian prison earlier this month. The ministry issued a statement ...
Khy Sovuthy
https://www.cambodiadaily.com/brief/ten-migrant-workers-repatriated-malaysian-prison-117227/
Waste management challenge
A delegation of Cambodian officials told attendees at seminar at the Global Green Growth Institute’s Green Growth Week conference yesterday that waste management was the biggest environmental challenge facing Phnom Penh. The seminar heard examples from 10 countries – Cambodia, Columbia, Ethiopia, Fiji, Mongolia, the Philippines, ...
Ros Chanveasna
http://www.khmertimeskh.com/news/29499/waste-management-challenge/
Veng Sreng tolls to go into effect on Dec 1
A $10.5 million toll road along Veng Sreng Boulevard will start charging drivers as of December 1, according to a Wednesday announcement by the Phnom Penh Municipality.The toll road, built by private contractor Phnom Penh Tollway, will aim to reduce congestion in one of the ...
Sen David
http://www.phnompenhpost.com/national/veng-sreng-tolls-go-effect-dec-1
Master plan for tourism development
The Tourism Ministry has prepared a master plan for the development of the industry in provinces and cities to attract investment in the sector and create more products for tourists. However the country needs growth of at least 10 percent year-on-year to reach the target ...
Sok Chan
http://www.khmertimeskh.com/news/37450/master-plan-for-tourism-development/
Thousands of Cambodians going to work abroad every month
Up to 10,000 Cambodians seek legal employment abroad every month, according to a Labor Ministry official, and some civil society groups are not pleased with the large exodus of workers from the country. Labor Minister Ith Samheng told reporters on Wednesday that the government sends thousands ...
Mom Kunthear
http://www.khmertimeskh.com/news/31111/thousands-of-cambodians-going-to-work-abroad-every-month/